Trip.com Group Ltd ADR
NASDAQ: TCOM · CONSUMER CYCLICAL · TRAVEL SERVICES
Updated 2026-06-15
Trip.com Group Ltd ADR (TCOM) Financial statements
SEC filings — annual and quarterly data.
Balance sheet — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $1.45B | $2.13B | $2.64B | $4.16B | $8.12B | $9.76B | $11.67B | $20.82B | $31.21B | $118.84B | $144.41B | $162.24B | $185.83B | $200.17B | $187.25B | $191.86B | $191.69B | $219.14B | $242.58B | $267.56B |
| Cash & equivalents | $843.68M | $1.07B | $1.07B | $1.43B | $2.15B | $3.50B | $3.42B | $7.14B | $5.30B | $19.22B | $18.43B | $18.24B | $21.53B | $19.92B | $18.10B | $19.82B | $17.00B | $41.59B | $48.44B | $46.48B |
| Current assets | $1.05B | $1.55B | $1.63B | $2.31B | $4.57B | $6.40B | $7.64B | $14.37B | $17.08B | $40.60B | $45.91B | $59.42B | $79.39B | $67.95B | $58.01B | $66.11B | $61.44B | $88.73B | $112.12B | $121.13B |
| Total liabilities | $423.12M | $674.63M | $626.85M | $1.17B | $1.93B | $2.62B | $5.08B | $12.09B | $20.83B | $55.16B | $68.89B | $75.63B | $97.10B | $94.47B | $85.68B | $81.40B | $78.67B | $96.13B | $99.10B | $94.85B |
| Current liabilities | $420.69M | $673.01M | $626.04M | $1.16B | $1.88B | $2.57B | $3.91B | $6.37B | $12.71B | $33.67B | $30.30B | $42.16B | $68.78B | $69.18B | $58.37B | $66.22B | $61.24B | $72.41B | $74.01B | $78.22B |
| Long-term debt | — | — | — | — | — | — | $180.00M | $934.50M | $1.30B | $18.35B | $34.65B | $29.22B | $24.15B | $19.54B | $22.72B | $11.09B | $17.38B | $19.10B | $20.13B | $11.43B |
| Shareholder equity | $1.03B | $1.45B | $2.01B | $2.93B | $6.10B | $7.04B | $6.49B | $8.53B | $9.53B | $44.55B | $71.54B | $84.84B | $86.72B | $103.44B | $100.35B | $109.68B | $112.28B | $122.18B | $142.55B | $171.06B |
| Retained earnings | $359.54M | $632.50M | $1.06B | $1.71B | $2.73B | $3.81B | $4.52B | $5.50B | $5.73B | $8.20B | $6.70B | $8.84B | $15.94B | $22.80B | $19.47B | $18.82B | $20.14B | $28.81B | $45.25B | $76.60B |
| Accounts receivable | $154.18M | $273.15M | $277.31M | $422.87M | $624.77M | $807.10M | $1.30B | $1.62B | $1.94B | $4.85B | $5.80B | $5.79B | $8.87B | $13.42B | $8.88B | $10.61B | $11.40B | $18.96B | $21.84B | $15.25B |
| Inventory | $49.43M | $64.22M | $3.01M | $2.29M | $3.22M | $4.99M | $830.07M | $836.52M | $1.03B | $2.29B | $1.74B | $1.75B | $4.24B | $1.82B | — | — | — | $9.48B | — | — |
| Goodwill | $14.58M | $14.62M | $63.69M | $322.94M | $758.23M | $798.60M | $822.59M | $972.53M | $1.89B | $45.69B | $56.02B | $56.25B | $58.03B | $58.31B | $59.35B | $59.35B | $59.34B | $59.37B | $60.91B | $62.31B |
Frequently asked questions
What is Trip.com Group Ltd ADR's revenue?
Trip.com Group Ltd ADR's trailing twelve-month revenue is $62.41B, and consensus projects about $118.20B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is TCOM?
In its most recent fiscal year, TCOM ran a gross margin of 80.58%, an operating margin of 25.27%, and a net margin of 53.35%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does TCOM generate?
TCOM produced $13.58B in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is TCOM's balance sheet healthy?
TCOM holds $46.48B in cash and equivalents against $11.43B in long-term debt, on $171.06B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.